Company Description
Cosigo Resources Ltd. (OTCQB: COSRF) is a junior mineral exploration company focused on exploring and developing the gold potential of mineral properties in Colombia and Nevada. The company trades on the TSX Venture Exchange under the symbol CSG and on the OTCQB under the symbol COSRF. Its activities are centered on exploration work such as prospecting, mapping, sampling and technical testing of mineralized material.
The company's principal exploration focus is the Taraira District in southeast Colombia near the border with Brazil. Cosigo has reported technical work at Taraira involving conglomerate material from the Chicken Coop informal stratigraphic unit, including gravity concentration testing and screen metallics gold determinations used in evaluating gold-bearing material.
Cosigo also holds a 100% interest in the Willow Creek property in the northern Sierras of Nevada near Winnemucca and a 100% interest in the Damian property in the Cordillera region of Colombia. In addition to its gold-focused exploration properties, the company owns a 13.26% interest in DHK Diamonds Inc., a company exploring for diamonds in the DO27 region of the Northwest Territories of Canada.
As a junior exploration issuer, Cosigo's corporate activity includes financing arrangements tied to exploration programs and general working capital. Company announcements have described unit private placements consisting of common shares and common share purchase warrants, as well as governance matters such as officer appointments and insider participation under Canadian related-party transaction rules.
Stock Performance
Cosigo Res (COSRF) stock last traded at $0.0500. Over the past 12 months, the stock has gained 100.0%. At a market capitalization of $6.9M, COSRF is classified as a micro-cap stock with approximately 112.2M shares outstanding.
Latest News
Cosigo Res has 4 recent news articles. Of the recent coverage, 3 articles coincided with positive price movement and 1 with negative movement. Key topics include management, private placement. View all COSRF news →
SEC Filings
Financial Highlights
Upcoming Events
Short Interest History
Short interest in Cosigo Res (COSRF) currently stands at 6.0 thousand shares, representing 0.0% of the float. This relatively low short interest suggests limited bearish sentiment. The 6.6 days to cover indicates moderate liquidity for short covering.
Days to Cover History
Days to cover for Cosigo Res (COSRF) currently stands at 6.6 days, up 551.5% from the previous period. This moderate days-to-cover ratio suggests reasonable liquidity for short covering, requiring about a week of average trading volume. The days to cover has increased 551.5% over the past year, indicating either rising short interest or declining trading volume. The ratio has shown significant volatility over the period, ranging from 1.0 to 6.6 days.
COSRF Company Profile & Sector Positioning
Cosigo Res (COSRF) operates in the Gold industry within the broader Basic Materials sector and is listed on the OTC Link.